Thread: Disney
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Old 04-16-2012, 08:38 PM   #2
YakMan
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Join Date: Aug 2009
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Default Re: Disney

Mebbe yes ... mebbe no ... but this sounds like Disney S.O.P. I remember when the prime rate was something like 10%. (...a looonnng time agooo.) Disney went out and cut a loan agreement with the then money-flush Japanese with them giving Disney something like a 5% loan rate. The dept. all laughed , "Put Dopey, Donald and Mickey on the cover (of the prospectus) and you can sell anything." Bottom-line - they're probably working the Disney name cache to get something dirt(ty) cheap from the Chinese.

Course then next year the Chinese will say "Thank you very much," and use the gained knowledge to spark their own enterprise. (...and no, the last was NOT a prejudicial statement. It was a statement of fact after seeing a friend doing business there get that kinda treatment. )
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